Limited Liability Company Act

House Bill 372 (Chapter 271) signed by the governor June 22 and effective August 1 amends the Limited Liability Company Act to provide for automatic admission of assignees to single member LLCs; elimination of the default rule for approvals or

House Bill 4334 (Public Act No. 131) signed by the governor and effective October 15 amends the Michigan Limited Liability Company Act to permit a professional limited liability company to practice public accounting if more than 50% of the PLLC’s

Senate Bill 1233 (Chapter 198) signed by governor May 7 and effective 91 days after adjournment (projected to be May 23) amends the Limited Liability Company Act by adding a new provision governing members as it relates to forms of

Senate Bill 779 (Chapter 722) approved by the governor April 3 and effective July 1 amends the Limited Liability Company Act to provide that an assignment of an interest in a limited liability company does not entitle the assignee to

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